Search Results for: dollar
European stocks end higher as Wall Street extends its rally
February 27th, 2018
European stocks closed in the green Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street, and as U.S. stocks extended their march higher. How markets are trading The Stoxx ...
Brexit Plagues the Pound – But How Long will this Continue?
February 21st, 2018
When it was announced that the UK electorate had voted to leave the EU, the pound (GBP) sunk to a 31-year low amid rising tension and huge swathes of negative sentiment. Although it’s fair to say that the GBP ...
The Euro and the Yen rose; Japanese stocks extended a rally
February 16th, 2018
Japanese stocks extended a rally in global equities even as the yen rose to its strongest in 15 months, with trading muted due to holiday closures across Asia. Australian shares closed slightly lower, but with most major markets across ...
Elliott wave Analysis: USDCHF Breaking Lower, while EURUSD and EURAUD Heading Up
February 13th, 2018
We can see some bullish momentum on EURUSD coming in this week, away from 1.2200 area while USD index is moving south and causing dollar weakness on most of the dollar pairs. We see USDCHF turning south after recent ...
Bitcoin is jumping — but the entire crypto market is still ‘trading sideways’
February 12th, 2018
Bitcoin is rallying on Monday morning but is still largely unchanged from where it was on Friday. Bitcoin is up 8% to $8,732.34 at 8.15 a.m. GMT (3.15 a.m. ET) amid a wider bounce for cryptocurrencies. Here’s how the ...
European shares bounce back after turbulent week
February 12th, 2018
European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalization last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index rise 1.5 ...
Cryptocurrency market could hit $1 trillion this year
February 8th, 2018
Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins. Cryptocurrencies could go on a bull run greater ...
Regulator calls on Google to ban ads for binary options, cryptocurrencies
February 6th, 2018
Following Facebook’s announcement last week that it was banning all advertising for binary options, cryptocurrencies and initial coin offerings, a Canadian regulator has called on Google to do the same. Jason Roy, a senior investigator at the Manitoba Securities ...
U.S. stock futures headed lower; Euro little changed, Pound and Aussie were steady
February 5th, 2018
Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Shares sank across the region, with Japan’s benchmarks falling the ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...